Archive for November 2018

Walking Away: Retiring From Your Family’s Business

Retiring can be particularly challenging for successful family business leaders. Handing over your company is a transition that impacts your spouse, children and extended family as well as other owners, your successor and the enterprise itself. The process can touch everything from your marital balance and the prospects of your children to the family’s financial…

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Say Yes to Saying No!

by Trine Blücher Many of my clients struggle with using this small word that has big impact: No. So, when I was asked to write this article on saying no, I said yes (pun intended)! Saying no ironically has become a business culture “no-no,” as organizations increasingly look for and reward people displaying positive can-do attitudes.…

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Episode 90: Jon DeArment (Channellock), Meadville, Pennsylvania, USA

YPO member Jon DeArment has a healthy respect for tradition. He is proud to be in the fifth generation of DeArments to run his family’s hand tool manufacturing company, Channellock. But he also knows that nostalgia alone does not keep a company successful. As is his family’s tradition, Jon began his time at ChannelLock mowing lawns and…

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9 Ways to Maximize Your CRM Investment

By Yacov Wrocherinsky, YPO member Customer relationship management (CRM) is the fastest-growing software market, according to research firm Gartner. That doesn’t mean all those companies implementing CRM are optimizing it — or are even using it wisely. Only 45 percent of companies with a CRM use it to store lead and customer data, according to…

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Seeing the Opportunities in Disruptive Interruptions

By YPO member Raméz A. Baassiri “Change is the only constant.”— Heraclitus, Greek philosopher As we get ready to step into the third decade of the new millennium, Heraclitus’ words ring ever true. With the near seismic political, economic and cultural upheavals going on around the world, change seems to be an ever-present character in the…

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Harnessing Social Business to Change the World

“I am proposing to create a new kind of business. One based on the selflessness that is in all of us,” says Professor Muhammad Yunus, Co-Founder and Chairman of Yunus Social Business (YSB) and the 2006 recipient of the Nobel Peace Prize. Yunus firmly believes that the possibilities are endless for changemakers trying to address…

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Sonia Cheng Spearheads A Fresh Approach to Hospitality

As Rosewood Hotel Group celebrates the opening of its newest hotel in Hong Kong, its young entrepreneurial CEO, Sonia Cheng, has begun to make waves. She was recently named one of “Fortune’s” 40 Under 40 and “Fast Company’s” most creative people in business in 2018. In addition to her globally acclaimed success leading the expansion…

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Infusing Tech Talent Into an Energy Startup

Technology is poised to usher in great change for the oil and gas industry. It has the potential to boost productivity, improve efficiency, transform operations and increase profits. Energy is an essential resource to everyday life fueling everything from transportation, agriculture and manufacturing to computing, medicine and education. Understanding where resources are located and how…

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5 Tips for Breaking Through Business Barriers

By James McPartland, YPO member I was told at a young age I had nothing to say and, for many years I believed that story. As time unfolded, I came to understand that the setbacks I’ve experienced in life and business were gifts, bestowed to teach me that I had a whole lot more than…

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DNA, Bacteria and AI Can Save Your Life and Your Bottom Line

Low fat diets. High fat diets. Long distance running. Goat yoga. Wouldn’t it be great if we knew what was best for our bodies based on science rather than fad? And not “best for our bodies collectively,” but individually; if we knew what made each of us tick? With artificial intelligence’s move into the health…

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